Question 45 Irving LLC purchased furniture on April 20 for $20,000 and used the half-year convention to depreciate it. The company did not take Sec. 179 or business depreciation in the year it acquired the furniture. During the current year, which is the fourth year that Irving LLC owned the property, the property was disposed of on December 15. Calculate Irving's maximum depreciation expense in the current year. None of the choices are correct. O $ $2,304 $1,152 $2,498 $1219